ORE.TO vs. KNT.TO
ORE.TO (Orezone Gold Corporation) and KNT.TO (K92 Mining Inc.) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, ORE.TO returned 9.96%/yr vs 34.30%/yr for KNT.TO. At a 0.22 correlation, their price movements are largely independent.
Performance
ORE.TO vs. KNT.TO - Performance Comparison
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Returns By Period
In the year-to-date period, ORE.TO achieves a 47.46% return, which is significantly higher than KNT.TO's 3.48% return. Over the past 10 years, ORE.TO has underperformed KNT.TO with an annualized return of 9.96%, while KNT.TO has yielded a comparatively higher 34.30% annualized return.
ORE.TO
- 1D
- -0.76%
- 1M
- 33.85%
- YTD
- 47.46%
- 6M
- 57.23%
- 1Y
- 81.25%
- 3Y*
- 26.81%
- 5Y*
- 14.96%
- 10Y*
- 9.96%
KNT.TO
- 1D
- -3.93%
- 1M
- -1.96%
- YTD
- 3.48%
- 6M
- 15.84%
- 1Y
- 56.95%
- 3Y*
- 58.03%
- 5Y*
- 23.72%
- 10Y*
- 34.30%
ORE.TO vs. KNT.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ORE.TO Orezone Gold Corporation | 47.46% | 176.56% | -24.71% | -32.54% | 5.00% | 9.09% | 66.67% | 15.79% | -19.72% | 33.96% |
KNT.TO K92 Mining Inc. | 3.48% | 161.41% | 33.33% | -15.12% | 6.68% | -5.52% | 164.24% | 242.86% | 55.56% | -44.33% |
Correlation
The correlation between ORE.TO and KNT.TO is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2011 | 0.22 |
Over the past year, ORE.TO and KNT.TO have become more correlated (0.62) than their long-term average of 0.22, meaning their price movements have been converging.
Fundamentals
ORE.TO:
CA$1.75B
KNT.TO:
CA$5.80B
ORE.TO:
CA$0.14
KNT.TO:
CA$1.28
ORE.TO:
18.72
KNT.TO:
18.39
ORE.TO:
0.02
KNT.TO:
0.18
ORE.TO:
3.45
KNT.TO:
8.47
ORE.TO:
3.22
KNT.TO:
6.53
ORE.TO:
CA$478.80M
KNT.TO:
CA$685.77M
ORE.TO:
CA$224.13M
KNT.TO:
CA$495.11M
ORE.TO:
CA$235.40M
KNT.TO:
CA$499.16M
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Return for Risk
ORE.TO vs. KNT.TO — Risk / Return Rank
ORE.TO
KNT.TO
ORE.TO vs. KNT.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Orezone Gold Corporation (ORE.TO) and K92 Mining Inc. (KNT.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ORE.TO | KNT.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.22 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | 1.49 | +0.98 |
| Martin ratioReturn relative to average drawdown | 5.06 | 4.12 | +0.94 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ORE.TO | KNT.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.31 | 1.16 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.49 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.16 | 0.59 | -0.43 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.43 | -0.31 |
Drawdowns
ORE.TO vs. KNT.TO - Drawdown Comparison
The maximum ORE.TO drawdown since its inception was -95.63%, which is greater than KNT.TO's maximum drawdown of -82.00%. Use the drawdown chart below to compare losses from any high point for ORE.TO and KNT.TO.
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Drawdown Indicators
| ORE.TO | KNT.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.63% | -82.00% | -13.63% |
Max Drawdown (1Y)Largest decline over 1 year | -32.99% | -38.35% | +5.36% |
Max Drawdown (3Y)Largest decline over 3 years | -55.73% | -38.35% | -17.38% |
Max Drawdown (5Y)Largest decline over 5 years | -67.96% | -54.53% | -13.43% |
Max Drawdown (10Y)Largest decline over 10 years | -81.35% | -80.47% | -0.88% |
Current DrawdownCurrent decline from peak | -48.21% | -29.21% | -19.00% |
Average DrawdownAverage peak-to-trough decline | -71.00% | -36.37% | -34.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.29% | 13.87% | +2.42% |
Volatility
ORE.TO vs. KNT.TO - Volatility Comparison
The current volatility for Orezone Gold Corporation (ORE.TO) is 14.97%, while K92 Mining Inc. (KNT.TO) has a volatility of 18.27%. This indicates that ORE.TO experiences smaller price fluctuations and is considered to be less risky than KNT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ORE.TO | KNT.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.97% | 18.27% | -3.30% |
Volatility (6M)Calculated over the trailing 6-month period | 46.78% | 38.44% | +8.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.47% | 49.52% | +12.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.40% | 49.02% | +9.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.93% | 58.33% | +5.60% |
Dividends
ORE.TO vs. KNT.TO - Dividend Comparison
Neither ORE.TO nor KNT.TO has paid dividends to shareholders.
Financials
ORE.TO vs. KNT.TO - Financials Comparison
This section allows you to compare key financial metrics between Orezone Gold Corporation and K92 Mining Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ORE.TO vs. KNT.TO - Profitability Comparison
ORE.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Orezone Gold Corporation reported a gross profit of 93.46M and revenue of 182.89M. Therefore, the gross margin over that period was 51.1%.
KNT.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, K92 Mining Inc. reported a gross profit of 170.77M and revenue of 232.41M. Therefore, the gross margin over that period was 73.5%.
ORE.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Orezone Gold Corporation reported an operating income of 85.37M and revenue of 182.89M, resulting in an operating margin of 46.7%.
KNT.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, K92 Mining Inc. reported an operating income of 165.19M and revenue of 232.41M, resulting in an operating margin of 71.1%.
ORE.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Orezone Gold Corporation reported a net income of 38.91M and revenue of 182.89M, resulting in a net margin of 21.3%.
KNT.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, K92 Mining Inc. reported a net income of 114.72M and revenue of 232.41M, resulting in a net margin of 49.4%.
Frequently Asked Questions
ORE.TO and KNT.TO have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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